Singapore

Market Update: STI down 0.46%

Market Update: STI down 0.46%

Sembcorp Industries outperformed at the stock market.

Lendlease explains SGX query on $259,000 interest income

The group’s cash and bank balances reached $49.2m as of June.

Financing platform Funding Societies clinches US$50m loan with HSBC SG

It will use the money to extend more loans to SMEs in Southeast Asia.

DBS’ DDEx doubles trade volume in June from April

The number of BTC and ETH bought also rose by over 50%.

Cyber threats in SG rise 17.6% MoM in Q2

Over one million cyber threats were detected in Singapore.

AIMS APAC REIT operating metrics growing in strength: analyst

The reit suffered minimal impact from rising interest rates and utility costs.

Top 10 gainers in stock market averaged 2% total returns in H1 22

Financial services sector posted the most top stocks.

150,000 new homes to built in new Paya Lebar town: PM Lee

The government is moving Paya Lebar Airbase to a new location in 2030.

Frasers Property forms platform focusing on capital partnerships

Wong Ping will serve as the platform's Chief Investment Officer.

Conservation shophouse in Lor Telok on sale for $18.8m

It will be sold via an expression of interest.

More Singaporeans want a greener future but are doing more emissions-heavy activities

Amongst these activities include use of air conditioners, which rose 21% in 2022.

Chart of the day: Baby boomers are better at living sustainably

OCBC found out that green habits suit their life stage.

Market update: STI up 0.61%

DBS and UOB were at the top of the index.

Cromwell EREIT is top outperformer amongst S-REITs

It gained 6% steady financial performance.

Gov’t to soon roll out new initiatives to attract top talents, says PM Lee

Lee said the initiatives will cover sectors with “good potential.”

Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed

Jurong Port, Mitsubishi Heavy Industries APAC, and Jera Asia will conduct a study on its feasibility.

First REIT commences buyback of S$60m perpetual securities

The REIT will pay 70% the principal amount and pay any unpaid distribution.